ABB has healthy financials. The entire robotics and automated manufacturing industry is expected to experience sustained tailwinds. Its Price/Cash Flow of 32.23 indicates the company is presently ...

SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...

The robotics sector is rapidly evolving, thanks to remarkable advancements in sensor technology and healthcare applications. As these innovations continue ...

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...

Developed initially for small parts assembly in the consumer electronics industry, ABB Robotics new YuMi fully collaborative, dual-arm, 14-axis robot handles payloads up to 500 g and is "precise ...

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

ABB, the leading power and automation technology group, introduced YuMi, the world’s first truly collaborative dual-arm industrial robot, at the world’s leading trade fair for industrial technology, ...

European tech giant ABB has agreed to divest ABB's robotics division to Japan's SoftBank Group for an enterprise value of $5.375 billion.

Orlando, Fla. — Orders are up 6 percent, and the integration of B&R Industrial Automation GmbH is on track for the Swiss engineering group ABB Ltd. ABB CEO Ulrich Spiesshofer has declared "the ...

Robotic Additive Manufacturing Platform Enables 3D Printing of Complex Composite Parts for Applications in Defense, Aerospace and Other Demanding Industries SANTA CLARA, Calif.--(BUSINESS WIRE)--Arevo ...

SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...